COMPUGROUP MED. NA O.N. - 1H - Technical analysis published on 11/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 14.99 EUR
My targets
15.54 EUR (+1.82%)
16.54 EUR (+8.39%)
My analysis
COMPUGROUP MED. NA O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.99 EUR. The next resistance located at 15.54 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 16.54 EUR. After this resistance, buyers could then target 24.40 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COMPUGROUP MED. NA O.N. rating 15.26 EUR. On the day, this instrument gained +8.92% with the lowest point at 14.11 EUR and the highest point at 15.50 EUR. The deviation from the price is +8.15% for the low point and -1.55% for the high point.14.11
15.50
15.26
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of COMPUGROUP MED. NA O.N. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 14.13 | 14.28 | 14.40 | 15.26 | 16.54 | 24.40 | 26.70 |
Change (%) | -7.40% | -6.42% | -5.64% | - | +8.39% | +59.90% | +74.97% |
Change | -1.13 | -0.98 | -0.86 | - | +1.28 | +9.14 | +11.44 |
Level | Major | Intermediate | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.36 | 13.64 | 13.83 | 14.11 | 14.30 | 14.58 | 14.77 |
Camarilla | 13.88 | 13.92 | 13.97 | 14.01 | 14.05 | 14.10 | 14.14 |
Woodie | 13.31 | 13.62 | 13.78 | 14.09 | 14.25 | 14.56 | 14.72 |
Fibonacci | 13.64 | 13.82 | 13.93 | 14.11 | 14.29 | 14.40 | 14.58 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.65 | 13.07 | 13.43 | 13.85 | 14.21 | 14.63 | 14.99 |
Camarilla | 13.57 | 13.64 | 13.71 | 13.78 | 13.85 | 13.92 | 14.00 |
Woodie | 12.61 | 13.06 | 13.39 | 13.84 | 14.17 | 14.62 | 14.95 |
Fibonacci | 13.07 | 13.37 | 13.56 | 13.85 | 14.15 | 14.34 | 14.63 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.79 | 12.46 | 13.04 | 13.71 | 14.29 | 14.96 | 15.54 |
Camarilla | 13.27 | 13.38 | 13.50 | 13.61 | 13.73 | 13.84 | 13.95 |
Woodie | 11.74 | 12.44 | 12.99 | 13.69 | 14.24 | 14.94 | 15.49 |
Fibonacci | 12.46 | 12.94 | 13.24 | 13.71 | 14.19 | 14.49 | 14.96 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 72.73 | |
MACD (12,26,9): | 0.3300 | |
Directional Movement: | 43.44 | |
AROON (14): | 21.42 | |
DEMA (21): | 14.83 | |
Parabolic SAR (0,02-0,02-0,2): | 14.05 | |
Elder Ray (13): | 0.67 | |
Super Trend (3,10): | 14.56 | |
Zig ZAG (10): | 15.33 | |
VORTEX (21): | 1.3000 | |
Stochastique (14,3,5): | 92.57 | |
TEMA (21): | 15.08 | |
Williams %R (14): | -8.28 | |
Chande Momentum Oscillator (20): | 1.06 | |
Repulse (5,40,3): | 3.7500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1900 | |
Courbe Coppock: | 11.06 |
MA7: | 14.03 | |
MA20: | 13.82 | |
MA50: | 13.94 | |
MA100: | 15.82 | |
MAexp7: | 14.95 | |
MAexp20: | 14.46 | |
MAexp50: | 14.15 | |
MAexp100: | 14.01 | |
Price / MA7: | +8.77% | |
Price / MA20: | +10.42% | |
Price / MA50: | +9.47% | |
Price / MA100: | -3.54% | |
Price / MAexp7: | +2.14% | |
Price / MAexp20: | +5.60% | |
Price / MAexp50: | +7.92% | |
Price / MAexp100: | +8.99% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on COMPUGROUP MED. NA O.N. at the time of the analysis were as follows:
- EQS-News: CGM drives innovation in the third quarter while recording earnings decline with almost stable revenues
- EQS-News: CompuGroup Medical appoints Prof. Dr. Daniel Gotthardt as new CEO
- EQS-Adhoc: CompuGroup Medical SE & Co. KGaA appoints Prof. Dr. Daniel Gotthardt as new CEO
- EQS-News: CompuGroup Medical wins digitization expert Ulf Hönick for the pharmacy business
- EQS-News: 100 million e-prescriptions issued in CGM's German practice software systems
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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